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24.10.2024 - 08:38
Business
Evening Standard
McDonald’s value drops by billions after hamburgers linked to E. coli outbreak
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Billions of dollars have been wiped off the value of McDonald’s after the fast food giant was knocked by an E. coli …
24.10.2024 - 07:32
Business
Sky News
High street giant demands Boohoo fires CEO and appoints Mike Ashley
Frasers Group, the owner of Sports Direct, House of Fraser and Flannels, has written to Boohoo ordering it to sack its chief executive and appoint Frasers founder Mike Ashley instead. Boohoo, the online fast fashion retailer, had ignored a private Frasers request to install Mr Ashley, according to an open letter from Frasers Group to …
24.10.2024 - 05:52
Business
Sky News
Boeing workers reject latest offer as company says it’s losing tens of millions every day
Boeing staff have rejected the latest 35% pay rise, committing to further strikes as the company faces massive losses and delivery delays. As many as 33,000 workers at Boeing plants in Washington state, Oregon and California have rejected a proposal to increase wages by just over a third over four years as their union said …
23.10.2024 - 16:33
Business
Sky News
Octopus Energy sparks £1.5bn profit for UK from Bulb rescue
The energy supplier which rescued rival Bulb after its collapse in 2021 has repaid the final tranche of government support provided to secure the deal, delivering what it will say this week amounted to an unexpected £1.5bn profit for taxpayers.Sky News has learnt that Octopus Energy will announce on Thursday it has paid more than …
23.10.2024 - 16:16
Business
Sky News
Labour under pressure to fix local services in budget
Folkestone has been drawing in crowds in recent years with regeneration and private developments transforming parts of this port town on the Kent coast.But many residents will tell you that the fabric of this community is being torn apart. Local services are deteriorating and have been for some time. Leisure centres have shut down and …
23.10.2024 - 12:30
Business
Sky News
UK could see ‘end of clubbing’ with 10 venues closing a month
Without urgent intervention the UK looks set to see “the end of a clubbing era that has defined generations”, according to industry experts.Ahead of next week’s autumn budget, Michael Kill, the chief executive of the Nighttime Industries Association (NTIA), has spoken to Sky News about the urgent need for government support to protect a “vital part …
23.10.2024 - 10:39
Business
Sky News
Treasury on track to complete NatWest sell-off by mid-2025
The Treasury is on track to complete the sale of the taxpayer’s stake in NatWest Group as early as the spring of next year as officials consider whether to launch a further placing of shares in the bailed-out bank.Sky News can reveal that based on the current pace of share disposals by UK Government Investments …
23.10.2024 - 10:03
Business
Business Live
Humber decarbonisation partners urge Government to help unlock £15bn of private investment
A group of private and public sector partners driving major decarbonisation plans for the Humber have called on the Government to help them “unlock” £15bn in private investment. The Humber Energy Board – set up in 2022 to steer the region’s 2040 Net Zero ambition – has published a report that details how investment could …
23.10.2024 - 09:58
Business
Sky News
Buyout firms to table £500m bids for Evelyn accountancy arm
A pack of private equity groups are lining up offers for the accountancy firm previously known as Smith & Williamson.Sky News has learnt that Bain Capital and Swiss-based Partners Group are among the buyout firms which have been considering whether to make initial offers for the division of Evelyn Partners ahead of a deadline this …
23.10.2024 - 09:10
Business
Evening Standard
Heathrow expects to handle record 83.8m passengers in 2024
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Heathrow Airport has announced it expects to handle a record 83.8 million passengers this year.This follows a summer of strong demand, with …
23.10.2024 - 08:30
Business
Sky News
Healthtech software company Semble lands £10m funding
A healthcare software company which helps medical professionals manage patient data has clinched a £10m-plus funding boost from a string of prominent technology investors.Sky News understands that Semble, formerly known as Heydoc, is close to announcing its largest funding round to date. Octopus Ventures and Mercia are backing Semble for the first time, while Smedvig …
22.10.2024 - 14:31
Business
Sky News
Ex-Abercrombie & Fitch CEO arrested for ‘sex-trafficking men’
Former Abercrombie & Fitch CEO Mike Jeffries has been arrested on sex trafficking charges, a spokesperson for federal prosecutors has said.Matthew Smith, Jeffries’ partner, and a third man, James Jacobson, have also been arrested on the same charges.At a news conference in New York, Breon Peace, the United States attorney for the Eastern District of …
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